NEW SHAKE HANDS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NEW SHAKE HANDS
Largest movements
- Receivables within one year +€478
new in 2025: €478
- Current portion of long-term debt +€100,000
new in 2025: €100,000
- Other debts -€90,799
down €90,799 (-25.2%), from €360,082 to €269,283
- Profit (loss) carried forward -€9,757
down €9,757 (-2.3%), from -€423,754 to -€433,511
- Trade debts +€1,096
up €1,096 (+28.7%), from €3,813 to €4,909
of which Bills of exchange payable: +€1,200
- Short-term financial debts -€61
down €61 (-0.1%), from €41,259 to €41,198
- Gross operating margin +€2,427
up €2,427 (+36.3%), from -€6,686 to -€4,259
- Financial charges -€105
down €105 (-2.0%), from €5,191 to €5,086
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | - | €478 | +€478 | |
| Current assets | 29/58 | - | €478 | +€478 | |
| Amounts receivable within one year | 40/41 | - | €478 | +€478 | |
| Other amounts receivable | 41 | - | €478 | +€478 | |
| Total equity and liabilities | 10/49 | - | €478 | +€478 | |
| Equity | 10/15 | -€405,154 | -€414,911 | -€9,757 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€423,754 | -€433,511 | -€9,757 | -2.3% |
| Amounts payable | 17/49 | €405,154 | €415,389 | +€10,235 | +2.5% |
| Amounts payable within one year | 42/48 | €405,154 | €415,389 | +€10,235 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | - | €100,000 | +€100,000 | |
| Financial debts | 43 | €41,259 | €41,198 | -€61 | -0.1% |
| Credit institutions | 430/8 | €41,259 | €41,198 | -€61 | -0.1% |
| Trade debts | 44 | €3,813 | €4,909 | +€1,096 | +28.7% |
| Suppliers | 440/4 | €813 | €709 | -€104 | -12.8% |
| Bills of exchange payable | 441 | €3,000 | €4,200 | +€1,200 | +40.0% |
| Other amounts payable | 47/48 | €360,082 | €269,283 | -€90,799 | -25.2% |
| Non-recurring operating income | 76A | - | €961 | +€961 | |
| Other operating charges | 640/8 | €387 | €411 | +€24 | +6.2% |
| Non-recurring operating charges | 66A | €269 | - | -€269 | |
| Gross operating margin | 9900 | -€6,686 | -€4,259 | +€2,427 | +36.3% |
| Operating profit (loss) | 9901 | -€7,342 | -€4,670 | +€2,672 | +36.4% |
| Financial charges | 65/66B | €5,191 | €5,086 | -€105 | -2.0% |
| Recurring financial charges | 65 | €5,191 | €5,086 | -€105 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,533 | -€9,756 | +€2,777 | +22.2% |
| Profit (loss) for the period | 9904 | -€12,533 | -€9,756 | +€2,777 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,533 | -€9,756 | +€2,777 | +22.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.